Fleetwood (FWD) Stock Overview
Designs, manufactures, sells, and installs modular accommodation and buildings in Australia and New Zealand. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
FWD Community Fair Values
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Analyst Price Targets
Fleetwood Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$2.23 |
| 52 Week High | AU$3.26 |
| 52 Week Low | AU$1.33 |
| Beta | 0.89 |
| 1 Month Change | 28.16% |
| 3 Month Change | 35.98% |
| 1 Year Change | -15.85% |
| 3 Year Change | 2.29% |
| 5 Year Change | -14.23% |
| Change since IPO | 3,330.77% |
Recent News & Updates
Narrative Update • Jul 22
FWD: Cost Reductions From Restructuring Will Support Future Upside
Analysts have lowered their fair value estimate for Fleetwood from A$3.46 to A$2.69. They now expect lower revenue growth, even though they forecast slightly higher profit margins and a modestly reduced future P/E multiple.
Narrative Update • Jul 08
FWD: Portfolio Refocus On Modular Assets Will Drive Future Upside
Analysts have reduced their price target for Fleetwood from A$3.46 to A$2.95, reflecting updated assumptions for softer revenue trends, slightly lower profit margins, and a higher future P/E multiple. What’s in the News for Fleetwood Fleetwood plans to exit its RV Solutions segment, including the divestment of the Camec recreational vehicle parts and accessories business across Australia and New Zealand, following a review of its operations.
Narrative Update • Jun 24
FWD: Restructuring And Segment Exit Will Support Future Margin Recovery
Analysts have reduced their Fleetwood price target from A$2.57 to A$2.20, citing a higher discount rate, softer revenue growth expectations, a higher future P/E multiple, and only a modest adjustment to projected profit margins. What’s in the News for Fleetwood Fleetwood plans to exit its RV Solutions segment, including the Camec recreational vehicles business in Australia and New Zealand, following a strategic review of its operations.Recent updates
Narrative Update • Jul 22
FWD: Cost Reductions From Restructuring Will Support Future Upside
Analysts have lowered their fair value estimate for Fleetwood from A$3.46 to A$2.69. They now expect lower revenue growth, even though they forecast slightly higher profit margins and a modestly reduced future P/E multiple.Narrative Update • Jul 08
FWD: Portfolio Refocus On Modular Assets Will Drive Future Upside
Analysts have reduced their price target for Fleetwood from A$3.46 to A$2.95, reflecting updated assumptions for softer revenue trends, slightly lower profit margins, and a higher future P/E multiple. What’s in the News for Fleetwood Fleetwood plans to exit its RV Solutions segment, including the divestment of the Camec recreational vehicle parts and accessories business across Australia and New Zealand, following a review of its operations.Narrative Update • Jun 24
FWD: Restructuring And Segment Exit Will Support Future Margin Recovery
Analysts have reduced their Fleetwood price target from A$2.57 to A$2.20, citing a higher discount rate, softer revenue growth expectations, a higher future P/E multiple, and only a modest adjustment to projected profit margins. What’s in the News for Fleetwood Fleetwood plans to exit its RV Solutions segment, including the Camec recreational vehicles business in Australia and New Zealand, following a strategic review of its operations.Narrative Update • Feb 20
FWD: Higher P/E Assumption And Steady Fundamentals Will Support Future Upside
Analysts have lifted their price target for Fleetwood to A$11.97 from A$11.45, reflecting updated P/E assumptions while keeping fair value inputs broadly steady. Valuation Changes Fair Value: A$3.46 remains unchanged, indicating no adjustment to the core intrinsic value estimate.Narrative Update • Feb 06
FWD: Steady Assumptions And Slight Model Tweaks Will Support Future Upside
Analysts have trimmed their price target on Fleetwood to A$3.46, with the modest shift reflecting updated assumptions around discount rates and future P/E instead of any change to their fair value estimate. Valuation Changes Fair Value: kept steady at A$3.46, indicating no change to the underlying fair value estimate provided.Narrative Update • Jan 22
FWD: Stable Metrics Will Support Future Upside From Modest Assumption Tweaks
Analysts have slightly raised their price target for Fleetwood to reflect small tweaks to the discount rate, long run revenue growth, profit margin and future P/E assumptions. This has resulted in a modest uplift in their implied valuation in currency terms.Narrative Update • Jan 08
FWD: Stable Assumptions Will Support Future Upside From Current Pricing
Analysts have adjusted their price target for Fleetwood only slightly, with the updated fair value holding at A$3.46. This reflects largely unchanged assumptions for discount rate, revenue growth, profit margin and future P/E, and signals that recent research has not shifted their overall view of the stock's valuation.Narrative Update • Dec 18
FWD Will See Index Inclusion Support Future Upside Momentum
Analysts have modestly maintained their conviction in Fleetwood, keeping the price target effectively unchanged at around $3.46 per share, as a slightly lower discount rate and stable long term growth and margin assumptions continue to support its valuation profile. What's in the News Fleetwood Limited (ASX:FWD) has been added to the S&P Global BMI Index, which may increase its visibility among global institutional investors (S&P Global BMI Index).Narrative Update • Dec 04
FWD: Index Addition Will Drive Future Upside Momentum
Analysts have modestly increased their price target on Fleetwood to reflect an updated valuation framework, with fair value steady at $3.46 but a slightly higher discount rate and marginally richer future earnings multiple, signaling a bit more caution around long term risk and return assumptions. What's in the News Fleetwood Limited (ASX:FWD) has been added to the S&P Global BMI Index, which may increase its visibility to global institutional investors and index-tracked funds (Key Developments) Valuation Changes Fair Value: Unchanged at A$3.46 per share, indicating no revision to the central valuation outcome.Narrative Update • Nov 20
FWD: Index Inclusion And Upcoming Dividend Payment Will Support Future Momentum
Fleetwood: Analyst Price Target Update Analysts have maintained their fair value estimate for Fleetwood at $3.46, citing consistent growth metrics and steady profitability forecasts as reasons for keeping the price target unchanged. What's in the News Fleetwood Limited (ASX:FWD) has been added to the S&P Global BMI Index (Key Developments) Fleetwood Limited declared an ordinary fully franked dividend of AUD 0.135 for the six months ended June 30, 2025, with payment scheduled for October 3, 2025 (Key Developments) Valuation Changes Consensus Analyst Price Target: Remains unchanged at A$3.46 Discount Rate: Has risen slightly from 7.89% to 8.10% Revenue Growth: Remains effectively unchanged, holding near 3.55% Net Profit Margin: Remains stable at approximately 6.03% Future P/E Ratio: Has increased moderately from 11.30x to 11.36xNarrative Update • Nov 05
FWD: Index Addition And Dividend Announcement Expected To Drive Shares Higher
Narrative Update: Fleetwood Analyst Price Target Adjusted Analysts have maintained Fleetwood’s price target at $3.46. They cited steady expectations in profitability and growth metrics, with only minor adjustments to underlying assumptions.Narrative Update • Oct 22
Analysts Lift Fleetwood Price Target Amid Improved Revenue Outlook and Expanding Profit Margins
Fleetwood's analyst price target has increased from $3.02 to $3.46, as analysts cite improving revenue growth and expanding profit margins as reasons for their more optimistic outlook. What's in the News Fleetwood Limited (ASX:FWD) has been added to the S&P Global BMI Index (Key Developments).Analysis Article • Sep 03
Fleetwood's (ASX:FWD) Performance Is Even Better Than Its Earnings Suggest
The subdued stock price reaction suggests that Fleetwood Limited's ( ASX:FWD ) strong earnings didn't offer any...Analysis Article • Mar 26
What Is Fleetwood Limited's (ASX:FWD) Share Price Doing?
While Fleetwood Limited ( ASX:FWD ) might not have the largest market cap around , it saw a significant share price...Analysis Article • Mar 06
Fleetwood Limited's (ASX:FWD) P/E Is Still On The Mark Following 26% Share Price Bounce
Fleetwood Limited ( ASX:FWD ) shareholders would be excited to see that the share price has had a great month, posting...Analysis Article • Mar 02
Fleetwood (ASX:FWD) Is Looking To Continue Growing Its Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
New Narrative • Feb 09
Modular Construction Adoption Will Open New Market Opportunities
Modular construction acceptance and strategic efficiencies could boost Fleetwood's revenue and net margins in housing markets.Analysis Article • Sep 03
Fleetwood (ASX:FWD) Will Pay A Dividend Of A$0.025
The board of Fleetwood Limited ( ASX:FWD ) has announced that it will pay a dividend of A$0.025 per share on the 3rd of...Analysis Article • Jun 25
With Fleetwood Limited (ASX:FWD) It Looks Like You'll Get What You Pay For
There wouldn't be many who think Fleetwood Limited's ( ASX:FWD ) price-to-sales (or "P/S") ratio of 0.3x is worth a...Analysis Article • Dec 29
Shareholders Should Be Pleased With Fleetwood Limited's (ASX:FWD) Price
With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Consumer Durables industry in Australia, you...Analysis Article • Aug 28
Calculating The Intrinsic Value Of Fleetwood Limited (ASX:FWD)
Key Insights The projected fair value for Fleetwood is AU$1.70 based on Dividend Discount Model Fleetwood's AU$1.75...Analysis Article • Apr 24
Companies Like Fleetwood (ASX:FWD) Can Afford To Invest In Growth
Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Analysis Article • Mar 06
Analysts' Revenue Estimates For Fleetwood Limited (ASX:FWD) Are Surging Higher
Celebrations may be in order for Fleetwood Limited ( ASX:FWD ) shareholders, with the analysts delivering a significant...Analysis Article • Mar 30
Read This Before Buying Fleetwood Limited (ASX:FWD) For Its Dividend
Today we'll take a closer look at Fleetwood Limited ( ASX:FWD ) from a dividend investor's perspective. Owning a strong...Analysis Article • Mar 04
Chair of Board John Klepec Just Bought A Handful Of Shares In Fleetwood Limited (ASX:FWD)
Whilst it may not be a huge deal, we thought it was good to see that the Fleetwood Limited ( ASX:FWD ) Chair of Board...Analysis Article • Feb 12
Is Now An Opportune Moment To Examine Fleetwood Limited (ASX:FWD)?
Fleetwood Limited ( ASX:FWD ), is not the largest company out there, but it saw a significant share price rise of over...Analysis Article • Jan 22
How Much Of Fleetwood Limited (ASX:FWD) Do Insiders Own?
The big shareholder groups in Fleetwood Limited ( ASX:FWD ) have power over the company. Generally speaking, as a...Analysis Article • Jan 01
Calculating The Fair Value Of Fleetwood Limited (ASX:FWD)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Fleetwood Limited...Analysis Article • Dec 11
Is Fleetwood Limited (ASX:FWD) A Smart Pick For Income Investors?
Could Fleetwood Limited ( ASX:FWD ) be an attractive dividend share to own for the long haul? Investors are often drawn...Shareholder Returns
| FWD | AU Construction | AU Market | |
|---|---|---|---|
| 7D | 0.9% | 0.3% | -0.4% |
| 1Y | -15.8% | 38.9% | 0.2% |
Return vs Industry: FWD underperformed the Australian Construction industry which returned 38.9% over the past year.
Return vs Market: FWD underperformed the Australian Market which returned 0.2% over the past year.
Price Volatility
| FWD volatility | |
|---|---|
| FWD Average Weekly Movement | 9.9% |
| Construction Industry Average Movement | 5.9% |
| Market Average Movement | 9.6% |
| 10% most volatile stocks in AU Market | 16.7% |
| 10% least volatile stocks in AU Market | 3.8% |
Stable Share Price: FWD has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: FWD's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1964 | 650 | Andrea Pidcock | www.fleetwood.com.au |
Fleetwood Limited, together with its subsidiaries, designs, manufactures, sells, and installs modular accommodation and buildings in Australia and New Zealand. It operates in three segments: RV Solutions, Building Solutions, and Community Solutions. The company offers repair, maintenance services for caravans; operates accommodation villages; develops and commercializes keyless locks and energy management systems; and imports, manufactures, sells, installs, and distributes recreational vehicle parts and accessories.
Fleetwood Limited Fundamentals Summary
| FWD fundamental statistics | |
|---|---|
| Market cap | AU$201.07m |
| Earnings (TTM) | AU$18.47m |
| Revenue (TTM) | AU$461.93m |
10.9x
P/E Ratio0.4x
P/S RatioIs FWD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FWD income statement (TTM) | |
|---|---|
| Revenue | AU$461.93m |
| Cost of Revenue | AU$291.96m |
| Gross Profit | AU$169.98m |
| Other Expenses | AU$151.51m |
| Earnings | AU$18.47m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 27, 2026
| Earnings per share (EPS) | 0.20 |
| Gross Margin | 36.80% |
| Net Profit Margin | 4.00% |
| Debt/Equity Ratio | 0% |
How did FWD perform over the long term?
See historical performance and comparisonDividends
8.5%
Current Dividend Yield116%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/27 18:04 |
| End of Day Share Price | 2026/07/27 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Fleetwood Limited is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ian Crooke | Bell Potter |
| Benn Skender | Canaccord Genuity |
| Jacqueline Fernley | Canaccord Genuity Historic (Wilsons Advisory and Stockbroking Ltd. |